Huanxi Media Group Limited announced a plan to overhaul its existing amended and restated bye-laws. The Board has proposed a series of changes—collectively referred to as the “Proposed Amendments”—with the goal of modernising the Company’s governance framework and aligning it with the latest Hong Kong Listing Rules.

Key elements of the Proposed Amendments:

1. Alignment with HKEX Regulatory Updates • Incorporation of new requirements on electronic dissemination of corporate communications. • Introduction of electronic voting arrangements to facilitate shareholder participation.

2. Treasury Shares Flexibility • Explicit provisions permitting the Company to hold treasury shares, giving the Board added flexibility in capital management.

3. Digitised Shareholder Transactions • Mechanisms for shareholders to transmit instructions, receive corporate action proceeds, and pay subscription monies for new securities via electronic channels.

4. Housekeeping Updates • Additional consequential and clerical changes to streamline the governance document.

Implementation Timeline The Proposed Amendments will be consolidated into a set of second amended and restated bye-laws (“New Bye-laws”). Approval will be sought through a special resolution at the forthcoming annual general meeting. The New Bye-laws will take effect immediately upon shareholder approval.

Next Steps Details of the revisions and the AGM notice will be provided in a forthcoming circular to shareholders.

Board Composition (as of 24 April 2026) • Executive Directors: Xiang Shaokun, Steven (Chief Executive Officer); Hu Hui • Non-executive Directors: Ning Hao; Xu Zheng • Independent Non-executive Directors: Wong Tak Chuen; Li Xiaolong; Wang Hong

Date of Announcement: 24 April 2026